Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis

UpdatedJun 23, 2025

DataAggregated Company Financials

Companies17

7D-2.7%
3M14.4%
1Y-23.1%
YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.7%, driven by pullbacks in Honeywell Automation India and Genus Power Infrastructures of 1.8% and 5.2%, respectively. However, the industry is down 23% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 23 Jun 2025	₹486.1b	₹90.4b	₹10.7b	40x	45.3x	5.4x
Wed, 21 May 2025	₹466.1b	₹85.9b	₹8.6b	56.1x	53.9x	5.4x
Fri, 18 Apr 2025	₹433.9b	₹82.5b	₹8.7b	44.4x	49.8x	5.3x
Sun, 16 Mar 2025	₹411.0b	₹82.5b	₹8.7b	41.3x	47.2x	5x
Tue, 11 Feb 2025	₹616.2b	₹84.2b	₹10.0b	58.4x	61.9x	7.3x
Thu, 09 Jan 2025	₹766.0b	₹83.7b	₹10.0b	70.2x	76.9x	9.2x
Sat, 07 Dec 2024	₹714.6b	₹83.7b	₹10.0b	73x	71.8x	8.5x
Mon, 04 Nov 2024	₹755.3b	₹81.0b	₹9.9b	77.5x	76.6x	9.3x
Wed, 02 Oct 2024	₹764.4b	₹77.6b	₹9.1b	81.7x	83.8x	9.9x
Fri, 30 Aug 2024	₹794.4b	₹76.2b	₹9.0b	62.1x	87.8x	10.4x
Sun, 28 Jul 2024	₹772.1b	₹72.8b	₹8.2b	68.6x	94x	10.6x
Tue, 25 Jun 2024	₹742.3b	₹71.0b	₹8.1b	77.7x	91.8x	10.5x
Thu, 23 May 2024	₹695.7b	₹68.4b	₹12.2b	47.5x	57.1x	10.2x
Sat, 20 Apr 2024	₹604.6b	₹66.7b	₹11.7b	39.9x	51.6x	9.1x
Mon, 18 Mar 2024	₹524.5b	₹66.7b	₹11.7b	35.1x	44.8x	7.9x
Wed, 14 Feb 2024	₹543.2b	₹65.8b	₹12.1b	36.4x	45x	8.3x
Fri, 12 Jan 2024	₹507.8b	₹64.6b	₹11.6b	46.6x	43.7x	7.9x
Sun, 10 Dec 2023	₹489.8b	₹64.6b	₹11.6b	43.4x	42.2x	7.6x
Tue, 07 Nov 2023	₹499.5b	₹59.9b	₹10.8b	40.9x	46.2x	8.3x
Thu, 05 Oct 2023	₹521.1b	₹59.4b	₹10.7b	37x	48.6x	8.8x
Sat, 02 Sep 2023	₹506.4b	₹52.4b	₹10.4b	57.2x	48.5x	9.7x
Mon, 31 Jul 2023	₹487.4b	₹49.8b	₹9.8b	29.1x	49.8x	9.8x
Wed, 28 Jun 2023	₹450.3b	₹49.8b	₹9.8b	31x	46x	9x
Fri, 26 May 2023	₹415.5b	₹50.7b	₹5.7b	30.7x	72.8x	8.2x
Sun, 23 Apr 2023	₹378.1b	₹46.8b	₹5.1b	29.4x	74x	8.1x
Tue, 21 Mar 2023	₹367.4b	₹46.8b	₹5.1b	21.8x	72x	7.8x
Thu, 16 Feb 2023	₹382.6b	₹46.9b	₹5.1b	19.6x	74.7x	8.2x
Sat, 14 Jan 2023	₹400.0b	₹44.6b	₹4.8b	24.4x	83.9x	9x
Mon, 12 Dec 2022	₹415.8b	₹44.6b	₹4.8b	24.4x	87.2x	9.3x
Wed, 09 Nov 2022	₹404.2b	₹43.4b	₹4.3b	19.6x	94x	9.3x
Fri, 07 Oct 2022	₹402.7b	₹43.3b	₹4.3b	20.7x	94x	9.3x
Sun, 04 Sep 2022	₹424.0b	₹43.4b	₹4.3b	36.6x	99.1x	9.8x
Tue, 02 Aug 2022	₹405.8b	₹41.7b	₹4.3b	31.3x	93.7x	9.7x
Thu, 30 Jun 2022	₹340.4b	₹41.3b	₹4.2b	29.4x	80.8x	8.2x

Price to Earnings Ratio

80.8x

Thu, 30 Jun 2022

Current Industry PE

Investors are pessimistic on the Indian Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 45.3x which is lower than its 3-year average PE of 67.2x.

The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 5.4x.

Past Earnings Growth

The earnings for companies in the Electronic Equipment and Instruments industry have grown 37% per year over the last three years.
Revenues for these companies have grown 30% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Electronic Equipment and Instruments compare with similar industries?


IN Market	-0.11%
Tech	0.61%
Electronic Equipment and Components	0.40%
Electronic Equipment and Instruments	-2.72%
Electronic Manufacturing Services	2.53%
Technology Distributors	0.58%
Electronic Components	-1.91%